The FinTech Hub
Source: Live Mint Stock market today: Thanks to gains in shares of select heavyweights, including Infosys and Bajaj Finance, Indian stock market benchmark Nifty 50 snapped its three-day losing run to end in the green with mild gains on Wednesday, December 11. While the Indian stock market ended in the green, it traded choppy today…
Source: Live Mint Gold and silver have experienced a historic year, with both precious metals soaring to record highs and solidifying their status as preferred investment choices among investors. Precious metals have long been regarded as safe havens during periods of economic and political uncertainty, and 2024 was no exception. A confluence of global instability,…
Source: Live Mint The initial public offering (IPO) of Supreme Facility Management, a small and medium-sized enterprise (SME), was subscribed 1.77 times on the first day of bidding. Supreme Facility Management IPO is offering 65,79,200 shares as part of the public issue. The company reserved 28,12,800 shares or 42.75% for retail investors, 6,25,600 shares or…
Source: Live Mint Inventurus Knowledge Solutions Limited raised ₹1,120 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Wednesday, December 11. The company has allocated 84,28,730 or 84.28 lakh shares to the anchor investors at an allocation price of ₹1,329 per share, with a face value…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Shriram Finance Ltd. completed the sale of its housing finance subsidiary to Warburg Pincus affiliate on Wednesday, December 11, for ₹3,929 crore. The flagship company of the Shriram group sold its entire 84.44 per cent shareholding on a fully diluted basis. With the completion of the stake sale, Shriram Housing Finance has…
Source: Live Mint Gemini 2.0 Launch: Google has unveiled the second generation of its artificial intelligence model, Gemini, marking what CEO Sundar Pichai calls a “new agentic era” in technology. The release highlights Google’s ongoing push to outpace competitors in the AI space, combining advanced capabilities with widely-used applications. Here are five key takeaways: 1….
Source: Live Mint New Delhi: A consortium of promoters of ReNew Energy Global, including Canada Pension Plan Investment Board (CPPIB), Abu Dhabi Investment Authority (ADIA) and founder Sumant Sinha, along with a new investor Masdar, have proposed to buy out the listed shares to take the company private. In a non-binding proposal of 10 December,…
Source: Live Mint Supermarket store operator Vishal Mega Mart’s public issue will open for subscription on December 11. Established in 2001, Vishal Mega Mart is a hypermarket chain offering various products, including apparel, groceries, electronics, and home essentials. It targets middle and lower-middle-income people through a network of 645 stores (as of September 30) and…
Source: Live Mint New Delhi: Google on Wednesday launched Gemini 2.0, its new generation of artificial intelligence (AI) models, that it says is equipped to break down complex queries, burnishing the tool’s appeal as a more useful, practical product for businesses to adopt. “Over the last year, we have been investing in developing more agentic…
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